Category: Data and methodology

Trading and investor account style

Explains why some accounts are shown as active trading and others as investment portfolios.

What it is. PnL Plus has two presentation styles for Exante/IBKR investment accounts: trading and investor. MT4/MT5 accounts are always treated as trading accounts, because their data model is built around trades, equity, and floating P&L. For Exante/IBKR, the dashboard reads the account style and changes the analytics to match the activity type.

Why it matters. A scalper or futures trader usually needs Win rate, Profit factor, trade expectancy, and edge decay. An investor in stocks, bonds, and funds usually needs net result, portfolio volatility, 12-month return, and the effect of dividends or coupons. One KPI set cannot answer both questions well.

How it works. In IB Flex the style is inferred from trade composition: if non-investment asset categories are the majority by trade count, the account is treated as trading; stocks, bonds, and funds push it toward investor style. The dashboard then uses that style: trading style shows Win rate and Profit factor, Monte Carlo reshuffles trades, and Rolling looks at expectancy; investor style shows net result and monthly volatility, Monte Carlo uses monthly or daily TWR returns with dividends already reflected in NAV, and Rolling shows 12M rolling return. This is a history-based heuristic, not a legal account classification.

How we compute it

For IB Flex, trading style is enabled when trades outside STK/BOND/FUND are at least half of all trades. For MT4/MT5, the dashboard always enables trading KPIs because the account is MT4/MT5, not an Exante/IBKR investment account.

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